Posted on: 15 November 2013 by Mark Howells
Pegasus Airlines has finalised an order for CFM International LEAP-1A engines to power up to 100 Airbus A320neo/A321neo aircraft in a deal which includes a long-term service agreement.
Under the terms of the 20-year rate per flight hour (RPFH) maintenance agreement, CFM will guarantee maintenance costs on a dollar per engine flight hour basis. The engine selection was announced in July 2013 and the airline is schedule to begin taking delivery of its new aircraft in 2016.
The airline has been a CFM customer since it began operations in 1990 and currently operates a fleet of 45 CFM-powered Boeing 737s on scheduled routes to 76 domestic and international destinations.
“We are pleased to have selected CFM to provide LEAP engines for our new Airbus A320neo and A321neo aircraft until 2022, in addition to the 20-year maintenance agreement,” commented Sertaç Haybat CEO of Pegasus Airlines. “This will enable us to keep what is arguably the most significant cost for airlines – engine maintenance costs – in check by making these costs more predictable.
“With this order, we have now increased our total Airbus fleet investment to $16.3 billion – $12 billion for 100 new aircraft and $4.3 billion for the engines and long-term service agreement,” Haybat added. “Based on the delivery schedule for the fleet, our partnership with CFM will continue at least until the year 2042.”
The first LEAP-1A engine to test started for the first time on 4 September 2013, two days ahead of the schedule set in early 2010. The engine performed flawlessly and logged more than 300 hours and 400 cycles before coming off the test stand. The next major milestone will be the icing tests, set to take place in 2014.
Photo shows: Sertaç Haybat, CEO of Pegasus Airlines (right), and Pierre Fabre, president and CEO of CFM parent company Snecma (Safran), after signing the final agreement for the airline’s purchase of LEAP-1A engines.